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Canadian Money Brief: 5 Things to Know Today — May 18, 2026

  A quick scan of the five stories shaping your wallet right now — from the Bank of Canada's next big decision to your mortgage renewal and a brand-new federal agency hunting financial criminals. 1 Bank of Canada Rate Holds at 2.25% — Next Decision Is June 10 The Bank of Canada kept its overnight policy rate steady at 2.25% at its April 29 meeting, citing a rise in energy-driven inflation and ongoing uncertainty from U.S. tariffs. Governing Council held firm while acknowledging a rate hike could become necessary if oil-linked price pressures prove persistent. The next announcement lands on Wednesday, June 10, 2026 — mark your calendar. Why it matters: Your variable-rate mortgage, HELOC, and lines of credit are directly tied to this rate. With bank prime rates sitting at 4.45%, every meeting counts. 2 Markets TSX Slips Below 34,000 as Bond Yields Spike The S&P/TSX Composite Index finished last week down close to 2%, sliding under the 34,000 mark. A global bond market selloff...
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Istanbul Protests Erupt Over Assassination of Hamas Leader Haniyeh


In a powerful display of solidarity, thousands of demonstrators marched through the streets of Istanbul today to protest the assassination of Hamas leader Ismail Haniyeh. The protestors, waving Turkish and Palestinian flags, voiced their outrage and grief over the killing.

Haniyeh, a key figure in Hamas’s international diplomacy, was assassinated in Tehran, an event that has escalated tensions in the Middle East and prompted threats of retaliation against Israel.

The march took place in Istanbul’s Fatih district, where participants held posters of Haniyeh and banners declaring, “Martyr Haniyeh, Jerusalem is our cause and your path is our path.” Chants of “murderer Israel, get out of Palestine” resonated through the crowd, reflecting the deep-seated anger and sorrow of the demonstrators.

Turkish President Tayyip Erdogan condemned the assassination, asserting that such actions would not deter the Palestinian struggle. The Istanbul protest is expected to be one of many in response to Haniyeh’s death, as the region braces for further unrest.



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